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option period of July 1, 2019 through June 30, 2021, for a total <br />annual cost of $1,190,767.60, subject to non -substantive changes <br />approved by the City Manager and City Attorney (AGMT. No. 2018- <br />233). <br />FOR PROPERTY LOCATED AT 1111 NORTH BRISTOL STREET, LIN <br />D (APN 405-275-10) FOR BRISTOL STREET IMPROVEMENT <br />PROJECT FOR - PHASE 3A (PROJECT NO. 136792, NON -GENERA <br />FI IAlrl) 1STRATFhIr. PI AAI AIr1C R 1(-• R 9r -l- Piihlir 1AInrLo Annnn�, <br />Mayor Pro Tem Martinez, requested staff report and identify what properties <br />are being leased. Noted importance of being transparent and identify all City <br />property. <br />Councilmember Solorio, noted item includes goodwill compensation. <br />Director Sweiss, provided background information. <br />Mayor Pro Tem Martinez, directed staff to provide a matrix of all properties <br />and include acquisition date, monies used, address, and ultimate use of <br />funds. <br />Director Sweiss, indicated report will be presented to City Council on <br />October 16, 2018, that will detail city -owned property, any funding <br />restrictions, and disposition recommendations. <br />MOTION: Authorize the City Manager and Clerk of the Council to <br />execute an agreement with Khaled H. Jawhary dba Advantage Auto <br />Insurance Brokerage in the amount of $163,000 for compensation for <br />loss of business goodwill related to the full real property acquisition, <br />subject to non -substantive changes approved by the City Manager <br />and City Attorney (AGMT. No. 2018-234). <br />MOTION: Martinez SECOND: Villegas <br />VOTE: AYES: Benavides, Martinez, Pulido, Solorio, Tinajero, <br />Villegas (6) <br />NOES: None (0) <br />ABSTAIN: None (0) <br />ABSENT: Sarmiento (1) <br />CITY COUNCIL MINUTES 12 OCTOBER 2, 2018 <br />10A-12 <br />